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Banks Want In on Bitcoin: NYDIG, NCR to Bring Crypto Purchases to 650 U.S. Banks
Digital asset firm NYDIG is joining forces with enterprise payments giant NCR to offer bitcoin buying and selling services to some 24 million customers at 650 U.S. banks and credit unions. "The Hash" hosts react to the news as a move to further accessibility and mainstream adoption of crypto.
Blockchain Caucus Co-Chair: Crypto ‘Backdoor’ Is Key to Unmasking Bad Actors
U.S. representative and co-chair of the Congressional Blockchain Caucus Bill Foster said Tuesday the key to crypto’s success is a “cryptographic backdoor” that allows legislators to reverse transactions on the blockchain. “The Hash” panel claps back at Foster.
Spain Considering National Digital Currency Alternative to Euro?
The Spanish Socialist Party (PSOE), the governing political body in Spain, is considering issuing its national digital currency as an alternative to the euro. "The Hash" panel examines the significance of Spain seeking independence and nationalization with their money, nearly 20 years after the Spanish peseta ceased to be legal tender when the country adopted the euro as its sole monetary unit.
Should You Open a Coinbase Crypto Savings Account?
Coinbase is launching a crypto savings account that lets users earn 4% annual percentage yield (APY) by lending out USD coin (USDC). The crypto exchange is touting far higher yields than what traditional savings accounts can offer, but there's no free lunch. "The Hash" hosts explore the pros and cons of such high-yield products.
Why Bitcoin Mining Hashrate Dropping to 1-Year Low Following China Crackdowns Is Good News for Miners
China's continued crypto crackdowns have been a blow for mining operations based in the country, but for miners in other parts of the world, it might be good news. Bitcoin's hashrate, a measure of the computational power working to secure the blockchain network, dropped to its lowest since May 2020. Meanwhile, the BTC mining difficulty could see a 25% decrease in July. "The Hash" hosts unpack why this is a windfall for active miners outside of China.
Will ARK Invest Win the Bitcoin ETF Race?
Cathie Wood’s ARK Invest is the latest company seeking approval with the U.S. Securities and Exchange Commission (SEC) to register a bitcoin exchange-traded fund (ETF). “The Hash” panel discusses the U.S. bitcoin ETF race and how an ETF would impact the crypto markets.
Bitcoin Billionaire Mircea Popescu Reportedly Dead at 41
"The Hash" team discusses the news swirling around the reported death of controversial bitcoin maximalist Mircea Popescu, also known as the "Father of Bitcoin Toxicity." Popescu is believed to be one of the largest holders of bitcoin.
Tom Brady, Gisele Bündchen Become Part Owners of FTX
Tom Brady and Gisele Bündchen will become equity shareholders of Sam Bankman-Fried's cryptocurrency derivatives exchange FTX. This long-term partnership makes Brady an exchange ambassador, with Bündchen an environmental and social initiatives advisor. Both received crypto as part of the new deal. "The Hash" panel digs into the ongoing saga of sports and crypto.
Binance Facing Regulatory Warnings in Several Countries; Will There Be a Domino Effect?
Binance, the largest cryptocurrency exchange by volume, is facing warnings from financial regulators in Japan, the U.K., and Canada. “The Hash” panel breaks down what this means for Binance and other exchanges and why this will be a continuing story to watch.
How NFTs Are Impacting the World of Comics
A new non-fungible token (NFT)-powered digital comic book entitled “InterPop” is launching in July to bring interactivity back to comics. Interpop fans will get to decide heroes’ fates and fashion choices. “The Hash” panel unpacks the project and what it means for the future of NFTs.